Some Super Strong Holdings Limited (HKG:8262) shareholders may be a little concerned to see that the CEO, CFO, Chun Hay Ko, recently sold a substantial HK$26m worth of stock at a price of HK$0.28 per share. That diminished their holding by a very significant 60%, which arguably implies a strong desire to reallocate capital.
Check out our latest analysis for Super Strong Holdings
The Last 12 Months Of Insider Transactions At Super Strong Holdings
In fact, the recent sale by Chun Hay Ko was the biggest sale of Super Strong Holdings shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even below the current price of HK$0.29. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was 60% of Chun Hay Ko's holding.
Super Strong Holdings insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
SEHK:8262 Insider Trading Volume October 11th 2023
I will like Super Strong Holdings better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insider Ownership Of Super Strong Holdings
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Super Strong Holdings insiders own 65% of the company, worth about HK$153m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Super Strong Holdings Tell Us?
Insiders sold Super Strong Holdings shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 4 warning signs we've spotted with Super Strong Holdings (including 2 which are significant).
But note: Super Strong Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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一部 スーパー・ストロング・ホールディングス・リミテッド (HKG: 8262) 株主は、CEOのCFOであるChun Hay Koが最近、1株あたり0.28香港ドルの価格で2600万香港ドル相当の株式を売却したことを少し心配するかもしれません。これにより、持ち株が60%と非常に大幅に減少しました。これは間違いなく、資本を再配分したいという強い願望を示唆しています。
スーパー・ストロング・ホールディングスの最新分析をチェックしてください
スーパーストロングホールディングスでの過去12か月のインサイダー取引
実際、当社の記録によると、Chun Hay Koによる最近の売却は、インサイダー個人によるスーパーストロングホールディングスの株式の売却としては過去12か月で最大のものでした。つまり、インサイダーが現在の価格である0.29香港ドルを下回っても、いくらかの現金を引き出したいと思っていたのは明らかです。インサイダーが現在の価格を下回って売る場合、その低い価格は公正だと考えていることがわかります。それで、彼らが最近の(高い)評価額についてどう思っているのか不思議に思います。しかし、インサイダー販売は時々期待を裏切るものですが、それは弱いシグナルにすぎません。この売却はChun Hay Koの持ち株の60%だったことは注目に値します。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。